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- W3027731843 abstract "Abstract This chapter distils key findings from the case studies, highlights areas for further research, and makes a series of policy recommendations. Overall the case studies provide compelling evidence of the powerful reputational, competitive, and functional incentives generated by financial globalization that lead regulators to adopt international standards. They also show that some domestic political economy dynamics generate incentives to diverge from international standards, particularly interventionist financial policies, political lending, and regulators sceptical about the appropriateness of international standards for their local context. Our findings speak to wider debates in the literature, including over the agency of actors from peripheral developing countries in the global economy; the importance of policy ideas such as the role of the financial sector, in economic development; and the inner workings of bureaucracies in developing countries. We highlight areas for future research and make policy recommendations on how to reform international standards to better reflect the interests of peripheral developing countries." @default.
- W3027731843 created "2020-05-29" @default.
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- W3027731843 date "2020-03-19" @default.
- W3027731843 modified "2023-10-12" @default.
- W3027731843 title "Conclusion" @default.
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- W3027731843 doi "https://doi.org/10.1093/oso/9780198841999.003.0015" @default.
- W3027731843 hasPublicationYear "2020" @default.
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